[CBSE] Q.14 Cash Flow Statement TS Grewal Class 12 2023-24

Solution of Question number 14 of the Cash Flow Statement of TS Grewal Book 2023-24 session?

Calculate Cash Flow from Operating Activities from the following:

(i) Profit for the year is ₹ 7,00,000 after considering the following items:

Particulars	₹
Depreciation of Fixed Assets Goodwill Amortised Gain (Profit) on sale of Land Appropriation of Profit towards General Reserve	40,000 20,000 90,000 60,000

(ii) Following is the position of Current Assets and Current Liabilities:

Particulars	Closing Balances (₹)	Opening Balances (₹)
Trade Payables Trade Receivables Prepaid Expenses	50,000 75,000 10,000	75,000 60,000 18,000

[Ans.: Cash Flow from Operating Activities = ₹ 6,98,000.]

Solution:-

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